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Goldman (NYSE:GS) Pennant Getting Tight
Jul 29, 2010

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Scott Redler

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We’ve been trading Goldman stock all year. Looks ready again as the pattern gets tight. The last big buy was 138.50 and it went to 153 after hours when they settled with the SEC.

We now have a nice flag pattern. If big volume comes in, I think we can buy 148.50-149.50 for a quick move back to 151-152. Then a bigger move if market cooperates back to 155-160.

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